Question 1

How does the salary as  Software Engineer I at Principal Financial Group compare with the base salary range for this job?

Accepted Answer

The average salary for Software Engineer I is $138,709 per year (estimate) in US, which is 16% higher than the average Principal Financial Group salary of $119,444 per year (estimate) for this job.

Question 2

Are Software Engineer I professionals at Principal Financial Group in US satisfied with their compensation?

Accepted Answer

Principal Financial Group employees working as  Software Engineer I in US have attributed a compensation and benefits rating of 2.4 out of 5 stars, based on 50 ratings. This is 29% lower than the average of Software Engineer I professionals at Principal Financial Group worldwide.

Question 3

What is the salary trajectory of a  Software Engineer I?

Accepted Answer

The salary trajectory of a Software Engineer I ranges between locations and employers. The salary starts at $138,709 per year (estimate) and goes up to $350,018 per year (estimate) for the highest level of seniority.

Question 4

How much does a Software Engineer I make at Principal Financial Group?

Accepted Answer

The estimated average salary for a Software Engineer I at Principal Financial Group is $138,709 per year or $67 per hour, but some professionals have reported earning up to roughly $183,874 per year (90th percentile). The typical pay range is between $121,924 (25th percentile) and $160,942 (75th percentile) annually. This is based on 192 salaries submitted by Principal Financial Group Software Engineer I professionals on Glassdoor, as of Jul 2026.

Question 5

What is the typical salary for a Software Engineer I per hour?

Accepted Answer

Software Engineer I professionals typically earn between $59 and $77 per hour.

Question 6

What is the typical salary for a Software Engineer I per month?

Accepted Answer

Software Engineer I professionals typically earn between $10,160 and $13,412 monthly.

Question 7

Which Principal Financial Group locations have the highest salary satisfaction for Software Engineer I professionals?

Accepted Answer

<a href="https://www.glassdoor.com/Salary/Principal-Financial-Group-Software-Engineer-I-Des-Moines-IA-Salaries-EJI_IE2941.0,25_KO26,45_IL.46,59_IC1149246.htm">Des Moines</a>

Question 8

What is the pay for job titles similar to Software Engineer I at Principal Financial Group?

Accepted Answer

SWE Intern - with an estimated total pay of $57K - $98K/yr, Software Engineering Intern - with an estimated total pay of $88K - $123K/yr, Software Engineer Intern - with an estimated total pay of $90K - $123K/yr, Software Engineer I - with an estimated total pay of $92K - $121K/yr, Software Engineer 1 - with an estimated total pay of $93K - $127K/yr

Principal Financial Group

Total salary range for Principal Financial Group Software Engineer

About our data

Pay breakdown

$119K

Recent salaries shared by Software Engineer I at Principal Financial Group

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Total salary range for Principal Financial Group Software Engineer

About our data

Pay breakdown

$119K

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